Horizontal analysis (Learning Objective 2) 15–20 min.

What were the dollar and percentage changes in Paw’s Pet Shop’s net working capital during 2013 and 2014? Is this trend favorable or unfavorable?

Total Current Assets.....................................................

Total Current Liabilities ................................................

$336,250 232,705 2014

$328,500 213,450 2013

$315,000 185,000 2012.

AppendixLO1